In Vietnam, Hyosung TNC received investment approval recently for the “Hyosung BDO Project” from the Ba Ria-Vung Tau Provincial Government at the “Ba Ria-Vung Tau Province Vision Declaration and Investment Approval Ceremony” held in Phu My 2 Industrial Park in southern Vietnam.
Hyosung TNC plans to proactively respond to the global materials market’s reorganization around sustainable products by investing $1 billion to establish multiple Bio-BDO production plants capable of producing 200,000 tons annually.
Geno’s proven technology enables Hyosung TNC to fast track their project and unlocks the production and selling of Bio-BDO with an annual capacity of 50,000 tons in the first half of 2026.
Tags: Hyosung TNC, Vietnam
Category: Fuels
